GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » China Resources Beer (Holdings) Co Ltd (OTCPK:CRHKF) » Definitions » 3-Year Dividend Growth Rate

China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) 3-Year Dividend Growth Rate : 53.00% (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is China Resources Beer (Holdings) Co 3-Year Dividend Growth Rate?

China Resources Beer (Holdings) Co's Dividends per Share for the six months ended in Dec. 2023 was $0.04.

The historical rank and industry rank for China Resources Beer (Holdings) Co's 3-Year Dividend Growth Rate or its related term are showing as below:

CRHKF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -31.4   Med: 6.2   Max: 53
Current: 53

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Resources Beer (Holdings) Co was 53.00% per year. The lowest was -31.40% per year. And the median was 6.20% per year.

CRHKF's 3-Year Dividend Growth Rate is ranked better than
90.09% of 111 companies
in the Beverages - Alcoholic industry
Industry Median: 7.7 vs CRHKF: 53.00

During the past 12 months, China Resources Beer (Holdings) Co's average Dividends Per Share Growth Rate was -10.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 53.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 30.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

China Resources Beer (Holdings) Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 5.13. As of today, China Resources Beer (Holdings) Co's Dividend Yield % is 1.73%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of China Resources Beer (Holdings) Co's 3-Year Dividend Growth Rate

For the Beverages - Brewers subindustry, China Resources Beer (Holdings) Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Resources Beer (Holdings) Co's 3-Year Dividend Growth Rate Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where China Resources Beer (Holdings) Co's 3-Year Dividend Growth Rate falls into.



China Resources Beer (Holdings) Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


China Resources Beer (Holdings) Co  (OTCPK:CRHKF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

China Resources Beer (Holdings) Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.041/ 0.008
=5.13

During the past 13 years, the highest Dividend Payout Ratio of China Resources Beer (Holdings) Co was 0.59. The lowest was 0.27. And the median was 0.43.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

China Resources Beer (Holdings) Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.3122023-08-302023-09-012023-10-20Cash Dividendsemi-annuallyHKD:USD 0.127510
HKD 0.3392023-05-232023-05-252023-07-07Cash Dividendsemi-annuallyHKD:USD 0.127707

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

China Resources Beer (Holdings) Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.083075793/4.80
=1.73 %

Current Share Price is $4.80.
China Resources Beer (Holdings) Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.083075793.

During the past 13 years, the highest Dividend Yield of China Resources Beer (Holdings) Co was 2.16%. The lowest was 0.24%. And the median was 0.91%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Resources Beer (Holdings) Co 3-Year Dividend Growth Rate Related Terms>


China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Business Description

Traded in Other Exchanges
Address
No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 24%, versus 18% of Tsingtao and 16% of Budweiser APAC, based on Euromonitor data.

China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Headlines

From GuruFocus

Matthews Pacific Tiger Fund Adds to China Resources Beer

By Kyle Ferguson Kyle Ferguson 08-12-2016

Matthews China Fund Comments on China Resources Enterprise

By Vera Yuan Vera Yuan 10-20-2014